The lending and single-asset vault of Gate.io has reached its highest 7-day annualized yield with a value of 499.99%. The ratio of the GST lending pool is up to 99.99% while the lending pool of USDT is at a total lending volume of 2,269,870 USDT. GST is followed by BLOK and LIT in terms of lending & liquidity mining with statistics of 446.26% and 423.31% respectively.

Gate.io is a digital currency trading platform that was founded in 2013. Gate.io Lending & Single-Asset Vault was launched in 2021 to support the deposit and withdrawal at all times with safety as the top-most priority. The platform offers an option to users to earn money by depositing their idle assets into single-currency mining pools.

With the experience of over eight years, Gate.io features in the list of top ten cryptocurrency exchanges in the world through the listing of crypto assets that are of high-quality and high rate of return. The values of Gate.io are based on securing the data and assets of its users while building a hassle-free digital asset trading platform.

The platform runs multiple audits on its security system in a bid to ensure that there is no lapse to allow an outside attack with a wrongful intention. Gate.io deploys multi-asset security solutions on the exchange platform to keep the funds of its users safe.

It is backed by blockchain technology for speed and real-time occurrence of transactions. There is hardly any delay in the network unless it is jammed during the rush hour.

People behind the platform come from an experienced background in working in the blockchain industry. Even though the platform introduces new projects, there is no compromise on the overall reliability of the system. Products offered by Gate.io include:-

• Leveraged Trading
• Spot Trading
• Futures Trading
• Leveraged ETF
• Hold To Earn Interest
• Quantitative Trading
• Secured Loan

The safety of users and their assets is ensured by deploying four technologies namely:-

• Cross-Cryptocurrency Address Technology
• It lowers the loss of a user asset by assigning the same address to the same series of cryptocurrencies.
• Multi-Signature Security Protection Technology
• The verification process allows to easily restore the assets in case of severe damage or loss.
• Hot & Cold Wallet Storage Solution
• This technology ensures the safety of assets while boosting fast withdrawals.
• Real-Time Asset Sending & Receiving Technology
• It uses dynamic trading when the blockchain network is congested to support the speed of transactions.

Elements comprising the ecosystem of Gate.io are GateToken, Gate Labs, GateChain, Wallet.io, Gate.io Ventures, Gate NFT, HipoDeFi, and Block.info.

At the time of drafting, Gate.io had over 80 million registered users with a presence in more than 224 countries and a daily trading volume of at least $12 billion. GateChain is the public blockchain of Gate.io that enables the platform to create innovative products and services to cater to the needs of all users.

The post Gate.io’s Single-Asset Vault at Highest 7-Day Annualized Yield appeared first on NameCoinNews.